An Algorithm Is A(n)

question 176

Multiple Choice

An algorithm is a(n)

• A) simple thinking strategy for making decisions quickly and efficiently.
• B) testing method involving trial and error.
• C) automatic,intuitive judgment.
• D) methodical step-by-step procedure that guarantees a solution to a problem.

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Definitions:

Profit Margin

A financial metric that measures the amount of net income earned with each dollar of sales by calculating the percentage of revenue that translates into profits.

Annual Depreciation

The yearly accounting charge representing the cost allocation of the value of an asset over its useful life.

Common Size Balance Sheet

A balance sheet where all entries are expressed as a percentage of total assets, facilitating comparison across time and companies.

Total Assets

The sum of all assets owned by an entity, including cash, investments, inventory, and fixed assets.